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Tom Brady and new owners rehaping the Raiders future

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Last updated: October 21, 2026 3:58 pm
amedpost
Published: October 21, 2026
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NEW YORK — Mark Davis has added more than investors to the Raiders.

He believes he has assembled a group of partners whose experience, resources and distinct areas of expertise can help the franchise build something that lasts.

Tom Brady is the most recognizable face. But the broader group represents a significant expansion of the knowledge and financial strength available to the organization.

“Each one has their own wheelhouse,” Davis said during an exclusive interview with The California Post at the NFL owners meetings.

“It’s powerful, it’s exciting. And we’re all friends.”

The additions include Silver Lake co-CEO Egon Durban, Discovery Land Company founder Michael Meldman, Knighthead Capital founder Tom Wagner, TKO executives Ari Emanuel and Mark Shapiro, Dell Technologies founder Michael Dell and Blackstone executive Joseph Baratta.

In addition, the Raiders brought on Sandra Douglass Morgan as the club’s president in 2022. Davis views Douglass Morgan as a key component in the new leadership structure.

Durban is now the Raiders’ largest minority stakeholder and holds the official right of first refusal to purchase Davis’ controlling stake.

Together, the partners bring backgrounds in technology, finance, entertainment, real estate and sports. Davis sees their different perspectives as assets for a franchise whose revenue-generating power has grown substantially in Las Vegas.

That business strength matters to the football operation, too.

Sports analyst Tom Brady looks on prior to a game between the Atlanta Falcons and the Chicago Bears at Mercedes-Benz Stadium in Atlanta, Georgia, Sunday, October 18, 2026. Getty Images

The salary cap limits spending on players, but cash remains essential to managing signing bonuses, funding contractual obligations and investing in the people and facilities surrounding the roster.

“The more cash that the team can produce, the better position that we’re in for putting together a roster and things like that,” Davis said.

From a cash standpoint, the Raiders are as strong as they have ever been, in part due to their move from Oakland to Las Vegas, which was approved by NFL owners in 2017.

The Raiders’ financial transformation since the relocation to Southern Nevada and Allegiant Stadium has been staggering. Forbes valued the franchise at $2.1 billion in 2016, when it was still in Oakland. Its latest estimate, released in September 2026, puts that figure at $10.3 billion.

That is an $8.2 billion jump, or roughly 390 percent, making the Raiders worth nearly five times what they were a decade ago.

Annual revenue has nearly tripled, too, with the Raiders climbing from last in the NFL in revenue, generating $301 million in 2015, to third at $887 million in 2025. Only the Cowboys and Rams brought in more.

Las Vegas Raiders President Sandra Douglass Morgan stands on the field before the start of an NFL football game against the Buffalo Bills at Allegiant Stadium in Paradise, Nevada, Sunday, Oct. 18, 2026. IMAGN IMAGES via Reuters Connect

The financial footing has changed dramatically. The Raiders now have the resources to go toe-to-toe with the league’s financial heavyweights.

But money alone cannot identify the right quarterback or develop him.

That is where Brady’s expertise becomes especially valuable.

Davis has maintained a consistent view of what the seven-time Super Bowl champion can contribute to the Raiders.

“As I’ve said, he’s going to help us select a quarterback,” Davis said. “He’s gonna help us develop a quarterback. He’s gonna help the quarterback.”

Drafting Fernando Mendoza checked the first box, following an exhaustive evaluation led by Brady, general manager John Spytek and head coach Klint Kubiak.

Now comes the harder part: developing him and building a team around him.

Adding Kirk Cousins gave the Raiders a veteran starter and Mendoza a mentor, buying their prized rookie time to grow.

Brady, Spytek and Kubiak must make that time count.

For Davis, that distinction matters. Adding accomplished people only helps if their expertise serves a shared purpose.

“My role is pretty much over in that regard,” he said of the hiring process. “We got who we all believe are the right choices.”

Now comes trusting those choices and allowing everyone to fulfill their responsibilities.

Las Vegas Raiders owner Mark Davis walks out prior to a game against the New England Patriots at Gillette Stadium in Foxborough, Massachusetts, Sunday, Oct. 11, 2026. Getty Images

Davis sees the larger principle as applicable well beyond football. Individual achievement might get people into the room. Collective effort determines what they accomplish once they are there.

“We’re a me generation, and the truth is, we is the only way you win,” Davis said.

The Raiders have assembled the resources and the people.

Turning those advantages into sustained success is the work ahead.

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